US employment growth is slower than expected

Employers in the US added fewer jobs than forecast in March as unemployment fell to 8.2 per cent.

6th April, 2012
US employment growth is slower than expected
A queue for social security in the US.

Employers in the US added fewer jobs than forecast in March, underscoring Federal Reserve Chairman Ben S. Bernanke’s concern that recent gains may not be sustained without a pickup in growth.

The 120,000 increase in payrolls, the fewest in five months, followed a revised 240,000 gain in February that was bigger than first estimated, Labor Department figures showed today in Washington. The March increase was less than the most pessimistic forecast in a...

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